Equities analysts expect Southwestern Energy (NYSE:SWN) to post sales of $862.31 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Southwestern Energy’s earnings, with estimates ranging from $815.00 million to $895.10 million. Southwestern Energy posted sales of $737.00 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 17%. The firm is expected to announce its next quarterly earnings report after the market closes on Thursday, October 25th.

On average, analysts expect that Southwestern Energy will report full year sales of $3.52 billion for the current year, with estimates ranging from $3.45 billion to $3.62 billion. For the next financial year, analysts anticipate that the company will report sales of $2.38 billion, with estimates ranging from $2.02 billion to $2.57 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Southwestern Energy.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings results on Thursday, August 2nd. The energy company reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.02. Southwestern Energy had a net margin of 18.37% and a return on equity of 17.78%. The firm had revenue of $816.00 million during the quarter, compared to analyst estimates of $809.41 million. During the same quarter in the prior year, the firm earned $0.08 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year.

SWN has been the subject of several research reports. Johnson Rice lowered shares of Southwestern Energy from a “buy” rating to an “accumulate” rating in a research report on Wednesday, August 15th. Zacks Investment Research raised shares of Southwestern Energy from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a research report on Tuesday, July 17th. B. Riley upped their price target on shares of Southwestern Energy from $7.85 to $10.00 and gave the company a “buy” rating in a research report on Friday, June 22nd. BMO Capital Markets set a $7.00 price target on shares of Southwestern Energy and gave the company a “buy” rating in a research report on Sunday, August 12th. Finally, Macquarie set a $7.00 price target on shares of Southwestern Energy and gave the company a “hold” rating in a research report on Wednesday, September 26th. Seven research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $5.72.

A number of institutional investors have recently added to or reduced their stakes in SWN. BlackRock Inc. boosted its stake in Southwestern Energy by 34.5% in the 2nd quarter. BlackRock Inc. now owns 61,871,297 shares of the energy company’s stock worth $327,918,000 after purchasing an additional 15,866,736 shares during the period. Dimensional Fund Advisors LP boosted its stake in Southwestern Energy by 103.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 14,598,144 shares of the energy company’s stock worth $77,371,000 after purchasing an additional 7,430,243 shares during the period. Disciplined Growth Investors Inc. MN boosted its stake in Southwestern Energy by 81.5% in the 1st quarter. Disciplined Growth Investors Inc. MN now owns 12,487,570 shares of the energy company’s stock worth $54,071,000 after purchasing an additional 5,608,144 shares during the period. Northern Trust Corp boosted its stake in Southwestern Energy by 98.8% in the 2nd quarter. Northern Trust Corp now owns 8,793,237 shares of the energy company’s stock worth $46,606,000 after purchasing an additional 4,369,474 shares during the period. Finally, Stelliam Investment Management LP boosted its stake in Southwestern Energy by 15.6% in the 2nd quarter. Stelliam Investment Management LP now owns 29,450,000 shares of the energy company’s stock worth $156,085,000 after purchasing an additional 3,972,500 shares during the period. 90.80% of the stock is owned by institutional investors.

Shares of NYSE SWN traded up $0.02 during midday trading on Wednesday, hitting $5.34. 19,162,705 shares of the company’s stock traded hands, compared to its average volume of 20,195,604. Southwestern Energy has a 1 year low of $3.42 and a 1 year high of $6.72. The firm has a market capitalization of $3.00 billion, a P/E ratio of 12.14 and a beta of 0.87. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.59.

About Southwestern Energy

Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. It operates through two segments, Exploration and Production, and Midstream. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 191,226 net acres in Northeast Appalachia; Marcellus Shale, Utica, and Upper Devonian unconventional natural gas and oil reservoirs covering approximately 290,291 net acres in Southwest Appalachia; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 917,842 net acres in Arkansas.

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